Nifty Gann Date: Trend Change date – 9th – November – 2020
Nifty Gann Date for 400/500 Points and Bank nifty 1200/1500 Points…
Through his intensive research and study, W.D Gann found out that the market trend tends to change on certain specific dates. He discovered this method by studying the market of over 100 years in England. He understood that the market works on certain Mathematical formulae or methods.
According to WD Gann, on the days when Sun comes at 15 degrees or 90 degrees with the Earth, there is a change in the trend. Studies show that most of the time, these dates are always exact. However, sometimes it is 1-2 days ahead or behind. And this is how the Gann Trend Change Date came into being.
How to trade using this method:
For Example: For the Gann date of 9th November, follow this.
If the price goes higher on the 9th November compared to the high of 9th November, you must buy. But if the price is lower on 10th November than the low of 9th November, simply sell and trail with stop loss.
Soon you will realize that buying or selling will be followed by a volume spike, which serves as a clear indication that the trend is changing.
It is vital to take note of the peculiar theories and formulae of W.D Gann if you want to succeed at trading.